FX option expiries for 12 September 10am New York cut

There are quite a number to take note of, as highlighted in bold.

The first ones are for EUR/USD and they are layered from 1.1000 through to 1.1050. That sort of keeps a lock on things until we get to the ECB later at least. That especially the extremely large one at the 1.1000 level, so that might act as a bit of a magnet if the ranges for the day extend a little.

Then, there is one for USD/CAD at the 1.3590 level. It is one that holds near the 200-day moving average currently. So, that might help to keep a lid on price action until we get to the US data releases later in the day at least.

For more information on how to use this data, you may refer to this post here.

This article was written by Justin Low at www.forexlive.com.